Investment
Private Equity , Investment , Acquisitions & Divestitures , Joint Ventures
EIV Capital, ARM Energy Launch Upstream Investment Platform
Led by industry and investment veteran Claire Harvey, ARM Resource Partners will focus on acquiring passive oil and gas interests across the Lower 48.
Public Capital , Investment , Shale Plays , Technology , Acquisitions & Divestitures
Oil Billionaire Takes Active Stake in Hard-hit ProPetro
Prominent shale investor Dan Wilks on Jan. 19 reported a 7.5% active stake in troubled oilfield services firm ProPetro Holding Corp. through an investment vehicle.
Investment , Health, Safety & Environment , Emissions , Technology
Chevron Invests in Carbon Capture Startup Blue Planet Systems
Chevron and San Jose-based Blue Planet also signed a letter of intent to collaborate on potential pilot projects and commercial development in some geographies.
Public Capital , Investment , Health, Safety & Environment , Emissions , Renewables
Norway’s Equinor Selected for Largest-ever US Offshore Wind Award
The contract awarded to Equinor to provide generation capacity to New York with renewable power is set to position the Empire State as an offshore wind industry hub.
Investment , Markets , Health, Safety & Environment , Emissions , Renewables
Wind Power Overtakes Coal in Texas Electricity Generation
Renewables capacity is surging in Texas, which is largely considered the heartland of fossil fuels in the U.S.
Investment , Health, Safety & Environment , Emissions , Renewables
Saudi Crown Prince Launches Plan to Build Zero-carbon City
Saudi Arabia Crown Prince Mohammed bin Salman unveiled plans in a rare televised appearance to build a zero-carbon city to house a million residents in "carbon-positive urban developments powered by 100% clean energy."
Public Capital , Investment , Exploration & Production , Shale Plays , Trends
Want Alpha Returns? In the Oil Patch, Beta Always Dominates
The age of the driller is over, industry expert Chuck Yates says, and the oil and gas companies that outperform going forward will be valued on different metrics.
Investment , Technology
Halliburton Joins Prairie View A&M University to Create $1 Million Scholarship
Halliburton has established a new $1 million Halliburton Business and Engineering Scholarship Fund at Prairie View A&M University (PVAMU), the company said on Jan. 11.
Investment , Exploration & Production , Policy & Regulations , Emissions , Renewables
From Oil and Gas Investor Editor-in-Chief: The ESG Ultimatum
The oil and gas industry urgently adapted and responded to the double black swan events of 2020—the COVID-19-induced global demand destruction and the OPEC+-driven supply glut, but it must also mobilize as fervently to the third black swan of 2020, the ESG directive.
Investment , Exploration & Production , Renewables
Total Plans to Add Renewable Energy Investments in 2021, CEO Says
Total is still pursuing oil exploration, but CEO Patrick Pouyanne said the company would focus on cost mainly in areas such as the Middle East and North Africa, Brazil and Suriname.